How We Can Avoid Another Tragic Ponzi Scheme [View article]
Consider that any capitalist society is a Ponzi Scheme. Think about what happens to a stock's price if the earnings simply stop expanding, let alone go flat or decline? Think about what happens to a scheme like Social Security when the population stops expanding.
Our system depends on increased everything, which is of course unsustainable. More people, more oil, more food, more water, etc.
I say go with the flow. Some big calamity will happen soon enough, and from the ashes, a new capitalist Ponzi scheme will be born with lots of room to expand once again.
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Consider that any capitalist society is a Ponzi Scheme. Think about what happens to a stock's price if the earnings simply stop expanding, let alone go flat or decline? Think about what happens to a scheme like Social Security when the population stops expanding.
Dec 25 11:26 am
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All Comments by ZZ »How We Can Avoid Another Tragic Ponzi Scheme [View article]
Our system depends on increased everything, which is of course unsustainable. More people, more oil, more food, more water, etc.
I say go with the flow. Some big calamity will happen soon enough, and from the ashes, a new capitalist Ponzi scheme will be born with lots of room to expand once again.